「Ultimate Shorter」 Whale Lowers Take-Profit Area to $75,000, Withdraws $22.09M Margin This Month

On November 21st, as per the monitoring by HyperInsight (accessible via https://t.me/HyperInsight and targeted at _blank), the "Ultimate Bear" whale (identified as 0x5D2) initiated a 20x BTC short position on May 9th, boasting a floating profit exceeding $31 million. On the 14th, this address had previously set a take-profit order within the range of $89,000 to $91,000. Recently, it withdrew this order and then placed a new take-profit order between $75,000 and $79,000. This month, it has continuously withdrawn approximately $22.09 million in account margin and transferred a total of $28 million to a Binance wallet. The current position size of the address amounts to about $106 million, with an average price of $111,500. Over the past week, the liquidation price has dropped from $105,700 to $101,000 and it currently holds the TOP 1 position in BTC short positions on Hyperliquid. Previously, this address had opened large BTC short positions four times this year, all of which led to losses totaling approximately $5.48 million. This time, after October 11th, it partially closed the position to take profit on 40% of the position, resulting in a profit of about $5.17 million.